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Deepak Korgaonkar boasts of an impressive 25-year experience on tracking and writing market stories based on extensive research and analysis of stocks/ sectors. He also specialises in reporting real-time stock market trends and impact stories. He holds a postgraduate degree from Mumbai University.
Deepak Korgaonkar boasts of an impressive 25-year experience on tracking and writing market stories based on extensive research and analysis of stocks/ sectors. He also specialises in reporting real-time stock market trends and impact stories. He holds a postgraduate degree from Mumbai University.
Reliance Industries has rallied 3% to Rs 989, its highest level since April 2011
L&T, BHEL, AIA Engineering and Pipavav Defence from the capital goods space rallied 4% each on the BSE.
During quarter ended March, the stock gains 13.3% compared with the Bankex's 12% rise
In another negative, IIP for February contracted 1.9% led by a dismal show in manufacturing, especially capital goods
Of these 176 stocks, 52 scrips have rallied over 100%
Adani Enterprises surged 9% to Rs 416, while Adani Ports and SEZ up 8% to Rs 198 and Adani Power by 5% to Rs 59 on the BSE.
Take holdings to record levels in March quarter despite weak revenue forecast
Holding rises by 1.45 percentage points from 40.65% at the end of Dec 2013 quarter
FIIs have increased their stake in Ranbaxy by 1.1 percentage points to 11.79% in March quarter from 10.74% at the end of December quarter.
On Wednesday, the 50-share NSE CNX Nifty closed at 6,753, its highest closing, owing to strong foreign inflows
Despite the rise, most PSU banks still trade below their book value
Capital goods, IT, auto and pharmaceuticals lead gains for the financial year
Of the 44 companies that split the face value of their stock since September 2013, the stocks of 16 saw gains of 50-300 per cent each
Analysts believe these stocks have more headroom but one has to be careful while investing
Average monthly stock delivery volumes on the BSE, NSE have risen to 45.5% in Feb, the highest since March 2013
Analysts are still positive about the sector, say business growth will pick up going ahead
Analysts expect momentum to continue but say a progressive govt will be key
These four stocks have collectively contributed nearly 300 points rise in benchmark index since January 23
Better-than-expected financial results in Q3 due to higher revenue growth and margins in key markets fuel the rally